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Infoxication: Why Big Data is the solution

mjvinnovation

It was the Spaniard Alfons Cornella, a technology expert and best-selling author, who gave rise to the concept there by the early 2000s. Here, let’s reflect on Infoxication at the business level, which has to do with the concept of Big Data, as we will see throughout this article. As you saw, the problem is a given.

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Social Networks and Big Data: the best strategy for getting to know your customers

mjvinnovation

This is because the volume of daily data produced in these virtual environments is a real gold mine for companies prepared to prospect for it. Keep reading to understand how you can benefit from the combination of Social Networks + Big Data. Social Networks: the gold mine of data. And Big Data is the tool for the job. ?

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How Big Data And AI Are Aiding The Fight Against Pandemics

Acuvate

However, trying to do so poses a huge challenge for the public health authorities as it requires a large amount of information to be gathered in real-time and analysed quickly in order to come up with an effective combat strategy. TECHNOLOGY ON THE FRONTLINES OF COVID-19.

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Understanding the 5Vs of Big Data

Acuvate

In order to understand at what point ‘data’ transitions into being ‘big data’, and what its key elements are, it is imperative that we study the 5 Vs associated with it: Velocity, Volume, Value, Variety, and Veracity. What is Big Data. Big data volume defines the ‘amount’ of data that is produced.

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Real Management Applications of Big Data

InnovationManagement

Big Data has had a big impact on the competitive landscape. Businesses that have embraced this explosive technology of digital media are better positioned to market faster with products and services that satisfy customers' needs adequately. Here is an analysis of some of the real management applications of Big Data:

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Big Data: get to know your customer to generate more business

mjvinnovation

In this context, Big Data provides important data about customer behavior. Big Data refers to data that grows unstructured and exponentially in the world and is driven by three factors: volume, variety and data rate. ” Guide the management and implementation of Big Data.

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Nick Fury: understand exploratory analysis

mjvinnovation

As we have seen, we are in the exponential curve of Big Data. Because of this, it is very important that we have methods to validate hypotheses and, more importantly, techniques so that we can see all this data clearly. It is in this context that the exploratory analysis becomes fundamental. Works as data quality control.